Members

(29 April 2021) – Guideline to Assess Compliance Level of Personal Information Processing successfully released in China on Apr 29, 2021.

Personal information is one of the most valuable assets in the 21^st century. However, it has become an indisputable fact that personal information is out of control in the process of commercialization. Breaches of personal information have emerged one after another, disrupting market order, jeopardizing social stability, and even triggering public and national security crises. Therefore, protecting the security of personal information play a critical role to facilitate free flow of personal information, informatization of country, maintaining national security, guarding human rights and personal privacy.

In order to facilitate compliant processing, ethical utilization and regulated circulation of personal information, under the guidance of relevant state departments, the China Law Association on Science and Technology and China Legal Exchange Foundation organized several professional groups including Beking University Intellectual Property School, The Intellectual Property Development Research Institute of Peking University in the Guangdong-Hong Kong-Macao Greater Bay Area, etc. to issue the “Guideline to Assess Compliance Level of Personal Information Processing”. The issuance of the Guideline is in response to the enterprises’ demands to prove the compliance levels of organizations and to declare capability levels of compliantly processing personal information, above all to balance the needs between the protection and utilization of personal information.
 
Professor Zhang Ping, Executive Vice President and Secretary-General of the China Law Association on Science and Technology, emphasized that this Guidelines aim to enhance the overall level of personal information protection in society, and to guide enterprises handling personal information in a reasonable and legal manner. She also expressed that the Guidelines transparently and detailly mapping to existing laws and regulations, especially demonstrate the operational guidance to third-party certifications and enterprises’ operations.

Zhang Suofei, chairman of the China Law Exchange Foundation, introduced that the release of the Guidelines provides an important reference and assessing guidance for regulators, enterprises and the fields to clearly determine whether personal information processing is compliant in a sophisticated way.

Professor Wang Xixin, Peking University Law School Professor, believed that protecting personal information and respecting personal privacy is not only a personal matter, but also a national matter. Guidelines is very important for independent third parties to provide assessing standards and evaluation frameworks. Most importantly, Guidelines will keep upgrading along with more practical pilots.

Yao Xiangzhen, Director of Cyber Security Center, China Electronics Standardization Institute, said that It is necessary to improve the standard systems of data security and personal information protection, to formulate normative, guideline, and evaluation standards for enterprises, thus to form an integrated, mutually complementary and interconnected standard system.

Wang Xueli, Deputy Secretary-General Standard Committee, China Society for Economic System Reform, believed that the Guidelines is gradually systematized, generalized, combined, modularized, and finally suitable for scientific research.

Zhao Xiaohai, general manager of Beijing Peking University Yinghua Technology Co., Ltd., believed that the Guidelines is able to empower the enterprise through informatization and intelligence.

Bi Maning, former deputy director of Information security rating center of the Ministry of public security advocated that the Guidelines is creating a community of self-disciplined compliance, self-regulated governance, certification, supervision and enforcement so as to an integrated governance ecology.

News sources:
https://edu.pkulaw.com/detail/l_60866203e4b09890f0e711ff/4?fromH5=true
https://mp.weixin.qq.com/s/a5QT1tzV04oMOqzlNrceGA

(20 April 2021) – Scamadviser today announced that Group-IB has joined Scamadviser as Foundation Partner! This makes Group-IB our third Foundation Partner along with React and Trend Micro.

Together with Group-IB Scamadviser will work on improving the Russian version of Scamadviser.com and its underlying algorithm in order to inform and protect consumers in the Russian language area better.

In addition, Flashstart and DNSFilter have joined us as Corporate Members to fight online scams.

This edition also includes an aricle on Classiscam, which is a criminal network stealing millions by operating courier and delivery scams.

About Scamadviser
Scamadviser helps over 2.5 million consumers every month to discover if a website is legitimate or a scam.

Scamadviser helps consumers making their online shopping decisions by rating websites with the Scamadviser Trust Score. The algorithm of Scamadviser utilizes 40 independent data sources. From the IP address of the websserver, the availability of contact details on the website, the age of the URL, ratings on review sites and much much more.

About Group-IB
Group-IB is a Singapore-based provider of solutions for the detection and prevention of cyberattacks and online fraud, IP protection, and high-tech crime investigations. Group-IB’s Threat Intelligence & Attribution system has been named one of the best in class by Gartner, Forrester, and IDC.

Group-IB’s technological leadership and R&D capabilities are built on the company’s 17 years of hands-on experience in cybercrime investigations worldwide and 60,000 hours of cybersecurity incident response accumulated in our leading forensic laboratory and round-the-clock CERT-GIB. Group-IB is a partner of INTERPOL, Europol, and has been recommended by the OSCE as a cybersecurity solutions provider.

(Hong Kong – March 24, 2021) – The Hong Kong Federation of E-Commerce (HKFEC) today announced the joint of “Guangdong-Hong Kong-Macao Greater Bay Area Cross-border E-commerce Resource Center” with other cities in China mainland in order to provide an economic and trade platform for exchanges and cooperation between cross-border e-commerce enterprises and related enterprises in the Guangdong-Hong Kong-Macao Greater Bay Area.

For more information, please visit https://hkfec.org/GBAcenter/.

(San Francisco – March 9, 2021) – TrustArc, the leader in data privacy management and automation, today announced PrivacyCentral, the first data intelligence center that provides a single point of entry for managing every phase of an organization’s privacy journey. PrivacyCentral simplifies the creation and management of ongoing privacy programs and eliminates the reliance on repetitive compliance processes as a new regulation is introduced.

Data privacy is of enormous importance to companies today. Consumers will pay a premium to vendors that exhibit more stringent privacy policies, and are more likely to trust companies that don’t collect as much personal data. Moreover, nearly three-quarters of organizations report enjoying significant business benefits from stronger privacy practices, and many feel that the greatest obstacle to leveraging data is data privacy. However, many organizations still use a piecemeal approach to building data privacy programs or solutions that require manual input and rely on point-in-time assessments.

For more information, please visit here.

(17 November 2020) – Commerce One Holdings, Inc., the parent company of TradeSafe Inc. was listed with Market of the high-growth and emerging stocks (aka Mothers) of the Tokyo Stock Exchange on June 26, 2020.

Commerce One Holdings Inc. is committed to enrich people’s lives and to support the development of society by providing services that contribute to the sound growth of the e-commerce community and creating businesses that are needed by society.

This is the first time for us WTA members mainly consist of start-up companies, that its parent company was listed. This represents growing trust and expectations in Trustmark by improving confidence in market of TradeSafe Inc. through listing of its parent company.

The following is a message from Commerce One Holdings Inc., parent company of TradeSafe;
“We look forward to approaching the United Nations Sustainable Development Goals (SDGs) on all fronts by enhancing the fairness, trust and relation that is both fundamental and essential to the EC market.”

TradeSafe Inc. will continue to provide consistent evaluations and assurances to create a market environment that is trusted by consumers and our customers.